debt ceiling

After lengthy deliberations, lawmakers finally came to an agreement on a new plan to raise the United States debt ceiling.  According to reports, the job requirements for Supplemental Nutrition Assistance Program benefits in 2023 would…

Biden signed a contentious debt ceiling agreement that slashed federal spending and introduced new job requirements for the Supplemental Nutrition Assistance Program (SNAP) in order to prevent the country from sliding into default .…

President Joseph Biden signed legislation on Saturday to raise the country's debt ceiling with just two days left to spare, preventing an unprecedented federal financial default. Biden thanked congressional leaders for their cooperation…

As part of a deal to increase the debt ceiling and prevent the first-ever federal default, the IRS is facing significant cuts to funds intended to rebuild its personnel and update its outdated Computer systems over the next ten years. In…

We now have the specifics of the agreement between President Joe Biden and House Speaker Kevin McCarthy regarding the debt ceiling after several days of speculation. The bill's text, which is only 99 pages long, was published on Sunday and…

Rep. Warren Davidson states that legislation on the U.S. debt ceiling blocks proposed taxes, including a 30% tax on electricity for crypto miners. A preliminary agreement aimed at preventing the United States government from defaulting…

The Biden administration and Republican lawmakers made steady progress in budget and Debt ceiling discussions, as reported by the White House. President Biden's upcoming visit to Japan for the G7 conference coincides with a critical…

Programs like Medicare and Medicaid may suffer significantly if the debt ceiling is not increased. The debt ceiling is the upper limit on borrowing that the US Congress has set for the federal government to pay its debt commitments.…